Wednesday, March 29, 2017

The global trade agreements allowed for laziness in the financial markets.

After Brexit, those employed in the  financial institutions will have to work for a living.

March 29, 2017
By Griff Witte
 A little over nine months (click here) after British voters chose to withdraw from the European Union, Britain took a decisive — and likely irreversible — step Wednesday toward leaving a partnership that has bound the country to the continent for nearly half a century.

With the simple handoff of a letter in Brussels in the early afternoon, the British government became the first country to ever trigger Article 50 — the mechanism by which nations can exit the European Union.

“This is a historic moment from which there can be no turning back,” Prime Minister Theresa May announced to a momentarily hushed House of Commons, before debate later turned rowdy.

In Brussels, European Council President Donald Tusk said there was “no reason to pretend that this is a happy day.” ...

There are always winners and losers everyday on Wall Street. Grow up.

Governance is not about currency, it is about people.

The focus of governance of previous generations has always been to support Wall Street no matter the price to citizens. That is not governance, that is corruption. Government officials obsessing over currency and needed balance between citizen rights and Wall Street profits is nonsense.

Citizens of any country are to come first. Quality of life comes first. We tried it the other way and it doesn't work. The few receiving vast incomes don't act responsibly with their monies or business interests. Those receiving vast incomes act in producing more vast incomes from elaborate financial instruments. THEY GAMBLE.

Pound vs Sterling (click here)

Everyone is familiar with the currency of the United Kingdom which is more commonly known as the pound. Sometimes, however, the word “sterling” is used to describe the UK currency. Are these two different things? Pound and sterling are used interchangeably in the United Kingdom, but is there really a difference between these two words used for the currency denomination?...

Brexit is causing turbulence in the currency markets today.

So.

Products produced in Great Britain will not be effected by currency fluctuations. A sterling is a sterling is a sterling. The real impact will be trade. That is primarily where currency markets always have their impact.

Currency is a sovereign entity of a sovereign country. Fluctuations are as old as money itself. Fluctuations occur. The financial markets will probably mark losses, but, perhaps not. 

"The tail doesn't have to wag the dog." Local economies are more resistance to fluctuations.

Here:

GDP is about national credit and can effect it's rating from FINANCIAL INSTITUTES. 


It is threatening to think a single citizen of the USA can act irresponsibility toward others. The Trump administration is irresponsible and obsessed with their populous extremist agenda.

The US EPA does not have an extremist agenda. Trump is propaganda. There is only one way to stop toxic levels of CO2 that create acid that destroys life, destroys jobs, destroys a food supply, destroys economies and that is to stop emitting carbon dioxide.

Oddly, on a global scale, China is taking the lead on the climate. It has recently shutdown a significant amount of it's coal mines and laid off many workers that will eventually be retrained and reassigned to other areas of work. China has become conscience of climate and it's relation to quality of life. 

The interesting aspect of China and it's new leadership on Climate is the extent to which it has positioned itself globally. Most countries on Earth have a relationship with China. China can now act to improve the quality of life and air of other countries. China has literally stepped up to take over the USA's moral authority.

The USA has really stupid people in leadership at the federal level right now.

NO, I am not crying. 

I am sure if Rachel Carson was still alive she would simply state, "There is no crying within the environmental community. We can't help it we are the smart guys."

Rachel Carson achieved magnificent work by writing, talking and educating the public. There are no shortage of USA citizens that can do it all over again.
Claiming to be a builder, the fact is Trump is just a stupid guy.

This is acid rain. I strongly suggest seek other authorities and/or rulemakers to protect investments.

Acid rain is a direct product of coal burning plants.

Trump knows how to create debt to avoid paying taxes. He is about greed not responsible citizenship or responsible investment.

January 10, 2017

Elizabethtown - Progress against acid (click here) rain has led to healthier lakes in the Adirondack Park, which in turn is helping to protect fish from climate change, according to a study published in the journal Global Change Biology.

“This is a perfect example of why we can’t go backwards on acid rain and air pollution,” said William C. Janeway, Executive Director of the Adirondack Council, a national leader in the battle against acid rain.  “If acid rain makes a comeback during the Trump administration, we will lose this newfound protection and everything will start getting worse again.  That would be tragic.  The recovery of Adirondack waters and the associated economic benefits have been real.  But the recovery isn’t complete.”

President-elect Donald Trump has said he wants to eliminate federal environmental regulations and reduce the size and scope of the U.S. Environmental Protection Agency (EPA). Federal regulations administered by the EPA have resulted in significant reductions in the air pollution that causes acid rain.

Over the past 25 years, most Adirondack lakes have improved.  Some that were once considered dead are now producing healthy brook trout again.  Others need further reductions in upwind emissions, and time, to regain their vitality.

Through this study, scientists have learned that protection from acid rain provides fish and other aquatic life with greater protection against global warming.  It all has to do with how much sunlight reaches the lake bottom....


CO2 + H2is in equilibrium with H2CO3

The figure above is carbonic acid. It is directly responsible for water acidification. Greatest concern is the acidification in fisheries. It is pure idiocy that cuts protections developed over decades to protect life, human life.

Jobs and the economy.